Summary - CLUSTER 201-209, SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET LU1 5FT
1 bed 1 bath Flat Share
Turnkey, fully managed student studio with strong advertised rental return.
Situated in Opto Village, near University of Bedfordshire
A compact, turnkey student investment in Opto Village, walking distance to University of Bedfordshire and town centre. The room is part of a modern 2017 purpose-built complex with concierge, on-site gym and communal facilities; units are fully furnished and managed, with utilities and WiFi included in the rental package.
The property is promoted with high occupancy and an advertised rental of £640pcm (quoted 13.7% yield at the listed price). Practical benefits include fast broadband, excellent mobile signal and a long lease (240 years). The building uses a community heating scheme and the ensuite studio layout suits students or young professionals seeking independent, managed accommodation.
Material considerations: sale is cash-only. The development sits in a deprived area with a high local crime rate, which may affect tenant mix and long-term capital growth. There is an average ground rent of £350 and ongoing service/management charges (fully managed by Urban Evolution) — factor these into net returns.
This unit will suit investors targeting student or young-professional rental income who want a low-effort, fully managed asset close to university amenities. It is less suitable for buyers needing mortgage finance or seeking a low-crime residential neighbourhood.
Studio flat for sale in 4.08 D, Opto Village, 4 Dumfries Street, Luton, LU1 — £65,000 • 1 bed • 1 bath
Studio flat for sale in 339 Block B Opto Village 4 Dumfries Street, Luton, LU1 — £60,000 • 1 bed • 1 bath • 302 ft²
Studio flat for sale in 242 Block B Opto Village 4 Dumfries Street, Luton, LU1 — £60,000 • 1 bed • 1 bath
Studio flat for sale in 126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1 — £70,000 • 1 bed • 1 bath • 302 ft²
Flat share for sale in 204 Block A, Opto Village 4 Dumfries Street, Luton, LU1 — £45,000 • 1 bed • 1 bath • 1357 ft²
Studio flat for sale in Unit 279, Block B, Opto Village, 4 Dumfries Street, Luton, LU1 — £68,000 • 1 bed • 1 bath
